There’s no shortage of property info out there – much of it contradictory or with an underlying agenda – so what resources should you look to? Here are our top 10 (okay, 11)!
One of the major challenges keen property investors and property managers face is keeping their finger on the pulse of the ever-evolving marketplace. Luckily, whether you are a budding young investor or a seasoned professional, there are a plethora of tools available to keep you up-to-date with any changes in legislation and to help make you a full bottle on all the real estate market trends.
Don’t know who to trust? There are many ‘experts’ out there all keen to offer their advice, the trick is in knowing whose advice is relevant to you. Picking the right investment opportunity – and then keeping it on track – is not an exact science, but there are some useful resources out there to help you get the formula right.
Research should underpin any investment decision, so having access to relevant and trustworthy data can provide you with the solid foundations needed when interpreting the advice of online property experts and personalities. You just need to know where to click. For helpful tools including expert analysis, market research, trends, property listings and financial calculators, these are our go-to online resources:
Smart Property Investment
Along with research articles and expert podcasts, Smart Property Investment provides you with property market data for suburbs all across Australia. And when you are looking for good info about landlord insurance, look no further than the guest articles penned by our very own Managing Director, Sharon Fox-Slater.
Your Investment Property
Your Investment Property provides its audience with market reports, investor stories and investor strategies. Also visit the website for various helpful financial calculators. When the journalists want to know all things landlord insurance, they ask Sharon.
Contributed to by a team of experts led by Michael Yardney, Property Update provides investment and property research and advice through regular features and podcasts. Michael regularly shares EBM RentCover articles too.
Real Estate Business
REB provides news and analysis, research and strategies with a target audience of professional principals, sales agents and property managers. As an added bonus, you can find expert commentary from industry leaders, including Sharon.
Learn from everyone’s shared experience on Property Chat with this website providing forums on various property investment topics such as Where to Buy, Property Market Economics and Investment Strategy.
This site has information on earning, borrowing, saving and investing, and is a great companion to any investor.
Domain provides research and market reports on Australian suburbs, along with listings for sales, rentals, rural and commercial properties.
As well as expert research, market analysis and a listings search function, realestate.com.au also provides a real estate agent search function providing statistics on agents in your area.
Your local real estate office
Even though these online resources provide budding landlords with a wealth of helpful information, your number one friend when it comes to property investment – and the one that will have the most specialised knowledge – is your local real estate office.
It is the local realtor’s business to know the ins and outs of their area – what properties are leasing (and which are sitting vacant – and why), what rents are being achieved, the yields and prospects for capital growth. For the most up-to-date and relevant information on local market trends and advice on pitfalls for property investors in the area, your local real estate office should be your first port of call.
Of course there is another resource you should never neglect – your landlord insurance provider! Our Info Centre is a treasure trove of great information – from things you need to be aware of, to the latest property market outlook; all things insurance to rental trends.
At EBM RentCover we aim to deliver certainty by being open, honest and transparent. We educate clients about the unknown and guide them through the maze of insurance jargon. And when our clients need us, we’re there.